JPMorgan Lifts S&P 500 Target to 8,000: How High Can It Go by Year-End?
The S&P 500 is about 1% from Wall Street's average year-end target after its best week since April. JPMorgan just raised its own forecast to 8,000.
JPMorgan thinks the stock market might go higher by the end of the year than experts thought before. When big banks raise their hopes like this, it can show they're feeling more positive about companies' futures—worth watching to see if that feeling stays true.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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